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Capital Clean Energy Carriers Agrees To Sell Its 2023-Built Eco Container Vessel, The M/V Buenaventura Express. The Company Anticipates A $4.4M Book Gain From The Sale

Benzinga·11/20/2025 14:08:21
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Capital Clean Energy Carriers Corp. (the "Company," "CCEC", "we" or "us") (NASDAQ:CCEC), an international owner of ocean-going vessels, is pleased to announce today the sale of the M/V Buenaventura Express (142,411 DWT / 13,312 TEU, hybrid scrubber-fitted, eco container vessel, built 2023, Hyundai Samho Industries Co. Ltd, South Korea) to a third party.

On October 29, 2025, the Company signed a memorandum of agreement for the sale of the vessel, which is expected to be delivered to her new owners during the first quarter of 2026. The total expected book gain from the sale is estimated at $4.4 million. Cash proceeds will be used to pay down outstanding debt, estimated at $84.4 million and for general corporate purposes.

The divestment of this additional container vessel is consistent with the Company's stated strategy to shift our strategic focus towards the transportation of various forms of gas to industrial customers, including liquified natural gas ("LNG") and emerging new commodities in connection with the energy transition. Since February 2024, CCEC has sold or agreed to sell 14 container vessels, including the M/V Buenaventura Express, generating expected gross proceeds of approximately $814.3 million. Upon completion of the latest sale, the Company will retain only one 13,312 TEU container vessel in its fleet, which is on fixed employment through 2033, with options to extend up to 2039.